FPX Nickel Corp (FPX) — Working Capital to Net Assets Ratio
FPX Nickel Corp (FPX) has a Working Capital to Net Assets ratio of 31.6% as of September 2025. Working capital of CA$22.17 Million (current assets of CA$24.81 Million minus current liabilities of CA$2.64 Million) is measured against net assets of CA$70.14 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See FPX Nickel Corp free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
FPX Nickel Corp Working Capital to Net Assets (1996–2024)
This chart shows how FPX Nickel Corp's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 31.6%, reflecting working capital of CA$22.17 Million against net assets of CA$70.14 Million CAD. See FPX Nickel Corp (FPX) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for FPX Nickel Corp (1996–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for FPX Nickel Corp from 1996 to 2024, covering 29 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see FPX Nickel Corp (FPX) market capitalisation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 46.9% | CA$34.27 Million | CA$73.06 Million | CA$36.80 Million | CA$2.53 Million | ▼ -2.9 pp |
| 2023 | 49.8% | CA$28.66 Million | CA$57.57 Million | CA$29.77 Million | CA$1.12 Million | ▲ +2.0 pp |
| 2022 | 47.7% | CA$19.84 Million | CA$41.55 Million | CA$20.49 Million | CA$654.49K | ▼ -3.7 pp |
| 2021 | 51.5% | CA$15.32 Million | CA$29.77 Million | CA$15.86 Million | CA$536.81K | ▲ +6.5 pp |
| 2020 | 45.0% | CA$5.70 Million | CA$12.68 Million | CA$5.92 Million | CA$215.01K | ▼ -2.4 pp |
| 2019 | 47.4% | CA$1.57 Million | CA$3.31 Million | CA$1.80 Million | CA$236.15K | ▼ -1.0 pp |
| 2018 | 48.4% | CA$1.36 Million | CA$2.81 Million | CA$1.52 Million | CA$157.99K | ▲ +25.7 pp |
| 2017 | 22.6% | CA$649.55K | CA$2.87 Million | CA$797.70K | CA$148.15K | ▲ +10.9 pp |
| 2016 | 11.8% | CA$194.70K | CA$1.65 Million | CA$499.50K | CA$304.80K | ▼ -7.3 pp |
| 2015 | 19.1% | CA$309.06K | CA$1.62 Million | CA$914.62K | CA$605.55K | ▼ -30.9 pp |
| 2014 | 49.9% | CA$1.92 Million | CA$3.84 Million | CA$1.96 Million | CA$46.27K | ▲ +1.1 pp |
| 2013 | 48.8% | CA$3.72 Million | CA$7.63 Million | CA$3.79 Million | CA$64.75K | ▼ -10.7 pp |
| 2012 | 59.5% | CA$4.70 Million | CA$7.90 Million | CA$4.84 Million | CA$134.39K | ▼ -9.7 pp |
| 2011 | 69.2% | CA$7.67 Million | CA$11.08 Million | CA$7.72 Million | CA$52.22K | ▲ +5.6 pp |
| 2010 | 63.6% | CA$6.94 Million | CA$10.92 Million | CA$7.08 Million | CA$136.42K | ▲ +47.9 pp |
| 2009 | 15.7% | CA$675.40K | CA$4.30 Million | CA$774.27K | CA$98.87K | ▲ +15.0 pp |
| 2008 | 0.7% | CA$22.66K | CA$3.07 Million | CA$101.20K | CA$78.54K | ▼ -2.1 pp |
| 2007 | 2.8% | CA$118.95K | CA$4.22 Million | CA$176.27K | CA$57.32K | ▼ -9.1 pp |
| 2006 | 12.0% | CA$772.88K | CA$6.46 Million | CA$833.03K | CA$60.16K | ▲ +9.4 pp |
| 2005 | 2.6% | CA$125.68K | CA$4.91 Million | CA$245.86K | CA$120.18K | ▼ -0.2 pp |
| 2004 | 2.8% | CA$124.24K | CA$4.46 Million | CA$160.25K | CA$36.01K | ▼ -33.0 pp |
| 2003 | 35.8% | CA$1.92 Million | CA$5.36 Million | CA$1.93 Million | CA$16.78K | ▲ +9.2 pp |
| 2002 | 26.6% | CA$1.02 Million | CA$3.85 Million | CA$1.03 Million | CA$7.10K | ▲ +21.5 pp |
| 2001 | 5.0% | CA$127.29K | CA$2.53 Million | CA$227.86K | CA$100.58K | ▼ -11.0 pp |
| 2000 | 16.0% | CA$363.71K | CA$2.27 Million | CA$437.42K | CA$73.70K | ▲ +3.5 pp |
| 1999 | 12.6% | CA$214.67K | CA$1.71 Million | CA$241.60K | CA$26.93K | ▼ -17.0 pp |
| 1998 | 29.5% | CA$486.63K | CA$1.65 Million | CA$500.57K | CA$13.94K | ▼ -16.8 pp |
| 1997 | 46.4% | CA$924.69K | CA$1.99 Million | CA$953.54K | CA$28.85K | ▼ -47.1 pp |
| 1996 | 93.5% | CA$2.58 Million | CA$2.76 Million | CA$2.73 Million | CA$145.13K | — |